JMP Securities Maintains Market Outperform on PennyMac Mortgage IT, Raises Price Target to $15.5
Portfolio Pulse from Benzinga Newsdesk
JMP Securities has maintained a Market Outperform rating on PennyMac Mortgage IT (NYSE:PMT) and raised the price target from $15 to $15.5.
July 19, 2024 | 12:53 pm
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JMP Securities has maintained a Market Outperform rating on PennyMac Mortgage IT (NYSE:PMT) and raised the price target from $15 to $15.5.
The raised price target and maintained Market Outperform rating from JMP Securities are positive signals for investors, likely leading to a short-term increase in PMT's stock price.
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